Multifamily Property with Rental
For Sale
$799,000
4198 Highway 1, Raceland, LA 70374
Multifamily property with a main residence, additional rental houses, storage improvements, and attached office space.
Property Size5,500 SF
Lot Size24.00 Acres
Price / SF$145.27
Days on Market95
Property Features for 4198 Highway 1
General Information
Standard status
Active
Size
5,500 SF
Lot size
24.00 Acres
Property subtype
Multi-Family
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
Listed By:
Lisa Braud · License #995691888
(985) 991-1350
Source:
Smithsquared
Added: Jul 14
Changed: Oct 14
Last Checked: Oct 7 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY BAYOU P
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Investment Insights
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This multifamily property encompasses 24 acres and includes a main residence along with additional houses used for rental income. Attached office space includes one 15-by-16-foot office with a full bath and a second office measuring 14 by 16 feet.
The property also includes a 5,000-square-foot pavilion and a 2,200-square-foot shop used for motorhome storage. One acre is rented to a storage company, adding an established commercial use to the residential improvements. The property is located at 4198 Highway 1 in Raceland, Louisiana.
The property also includes a 5,000-square-foot pavilion and a 2,200-square-foot shop used for motorhome storage. One acre is rented to a storage company, adding an established commercial use to the residential improvements. The property is located at 4198 Highway 1 in Raceland, Louisiana.
Key Highlights
- 24‑acre multifamily property with a main residence and additional rental houses
- 5,000‑square‑foot pavilion and 2,200‑square‑foot shop used for motorhome storage
- One acre rented to a storage company
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
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Demographics for 70374, LA
6,699
Population
2,724
Households
2.5
Avg Household Size
42
Median Age
13%
College-Educated
79%
High-School Grad
44.1 sq mi
ZIP Area
152
Density / Sq Mi
$69,896
Median Household Income
$43,478
Median Earnings
$984
Median Rent
$190,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property with a main residence, additional rental houses, storage improvements, and attached office space.
Where is this multifamily property located?
The property is located at 4198 Highway 1 Raceland, LA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 24‑acre multifamily property with a main residence and additional rental houses; 5,000‑square‑foot pavilion and 2,200‑square‑foot shop used for motorhome storage; One acre rented to a storage company
